Europe Recloser Market Size & Outlook, 2023-2030

The recloser market in Europe is expected to reach a projected revenue of US$ 277.6 million by 2030. A compound annual growth rate of 6.3% is expected of Europe recloser market from 2024 to 2030.
Revenue, 2023 (US$M)
$180.6
Forecast, 2030 (US$M)
$277.6
CAGR, 2024 - 2030
6.3%
Report Coverage
Europe

Europe recloser market, 2018-2030 (US$M)

Europe
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Europe recloser market highlights

  • The Europe recloser market generated a revenue of USD 180.6 million in 2023.
  • The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
  • In terms of segment, single-phase was the largest revenue generating phase in 2023.
  • Single-phase is the most lucrative phase segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2023USD 180.6 million
Market revenue in 2030USD 277.6 million
Growth rate6.3% (CAGR from 2023 to 2030)
Largest segmentSingle-phase
Fastest growing segmentSingle-phase
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSingle-phase
Key market players worldwideABB Ltd, Eaton Corp PLC, Schneider Electric SE, Siemens AG, Hubbell Inc, G&W Electric, General Electric


Other key industry trends

  • In terms of revenue, Europe region accounted for 15.9% of the global recloser market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 883.6 million by 2030.

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Recloser Market Scope

Recloser market segmentation & scope
Single-phase
Triple-phase
Triple Single-phase
Control Type
Electronic
Hydraulic
Insulation Medium
Epoxy
Air
Oil
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
Japan
India
South Korea
Brazil
Saudi Arabia

Recloser Market Companies

Name Profile # Employees HQ Website

Europe recloser market

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